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$3,570 (target)

3422 Princeton Dr, Irving, TX 75062

3 beds • 2 baths • 1137 sqft

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This property might be a fair Mid-Term investment with a projected 7.22% first-year return on $73,839 initial cash invested.

7.22%

Cash On Cash

8.59%

Cap Rate

1.45

DSCR

$3,570

Rent

$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,570 income − $3,126 expenses = $444 cash flow

Income$3,570Mortgage P&I$1,31737%Property Taxes$49014%Insurance$1053%Management$42812%CapEx$1434%Vacancy$1073%Maintenance$1434%Other$39311%Cash Flow$444

Investment Breakdown

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Purchase Price

$266k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,839

Downpayment

20%

$53,180

Closing costs

1%

$2,659

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,570

Total Expenses

$3,126

Mortgage P&I

37%

$1,317

Property Taxes

14%

$490

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$428

CapEx

4%

$143

Vacancy

3%

$107

Maintenance

4%

$143

Other

11%

$393

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